It can be difficult forecasting your business’ future in the rapidly evolving hemp industry. From the signing of 2018’s Farm Bill legalizing industrial hemp at the federal level, to the rise of CBD as a purported wündercure, hemp has rapidly become the hottest commodity around. But between the big headlines, hemp industry players have grappled…
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Hemp is Driving Real Estate Action and It’s Not Just Farms
HempOregonReal EstateUncategorized October 2, 2019
It’s common to see articles these days related to the positive economic impacts of hemp legalization. Most of these articles focus on job creation, opportunities for farmers, or opportunities for businesses chasing the CBD craze. One thing that has been interesting to me, though–and which seems to have attracted less attention–is the way that hemp…
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Hemp-CBD Across State Lines: Kansas
HempUncategorized September 29, 2019
The Agriculture Improvement Act of 2018 (“2018 Farm Bill”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp…
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The USPTO Has Granted its First Hemp Plant Patent
HempUncategorized September 27, 2019
A first(!): Charlotte’s Web Holdings, Inc. (“CWB Holdings”), operated by the famed Stanley brothers, has secured the first-ever patent for a hemp cultivar in the United States. CWB Holdings is now the proud owner of a plant patent for “a new and distinct hemp cultivar designated as ‘CW2A.’” Patent documents describe CW2A as a hardy…
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FDA to Clear a Path Within Four Months To Lawfully Market Hemp-Derived CBD Products
HempUncategorized September 27, 2019
Back in March, former Food and Drug Administration (“FDA”) Commission, Scott Gottlieb, explained it would take several years for the agency to come up with rules that would legalize the use of hemp-derived cannabidiol (Hemp-CBD) in food products, unless Congress stepped in. Last week, both chambers showed they are not interested in waiting around for the FDA…
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The FDA and FTC Regulatory Overlap Means Twice as Much Compliance for CBD Companies
HempUncategorized September 23, 2019
Last week, the Federal Trade Commission (“FTC”) issued warning letters to three unnamed companies that advertised their CBD-infused products as treatments or cure for serious medical conditions. These warning letters are nothing new. As we have explained before, making medical claims about CBD-infused products is the perfect way of falling under the scrutiny of federal…
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Hemp-CBD Across State Lines: Iowa
HempUncategorized September 22, 2019
The Agriculture Improvement Act of 2018 (“2018 Farm Bill”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp…
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Oregon Hemp: Free Webinar October 3!
HempUncategorized September 20, 2019
It can be difficult forecasting your business’ future in the rapidly evolving hemp industry. From the signing of 2018’s Farm Bill legalizing industrial hemp at the federal level, to the rise of CBD as a purported wündercure, hemp has rapidly become the hottest commodity around. But between the big headlines, hemp industry players have grappled…
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Major Changes to California Hemp Cultivation Laws are on the Horizon
CaliforniaHempUncategorized September 20, 2019
On September 11, 2019, the California Assembly approved SB-153, a bill aimed at making significant changes to California’s hemp cultivation law. As of September 13, 2019, the bill moved to “enrolled” status, meaning that it’s cleared both houses of the California legislature and will move to the Governor’s office for his signature. It is widely…
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